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HomeMy WebLinkAbout2498 r ~o ~iaue and to ~iold f~~e same, togefher with the tenemenfs, heredifamenfs and appurte- nances t{~erefo 6elon~in~, an~ fhe mnts, isuies an~ pro~ils Ihereo(, unto 1{~e morfgagee, in ~ee simp~e. ~nd tl?e mortflagor cot~enanls u~ill~ the morlgagee Ihat Ihe morigagor is inde(eusibly seized oJ said Iancl in fee simplc~; lhal the morfgago? has good rigl~! and law~ul nulhorily to conuey said land aa ajor+e- said: that the mort~aflor ~oill malre such f urther assurances to perject the jee simple title b said Innd in the mortpagee as may reasona6ly 6e required; that the mo?lgagor here6y jully wnrrnnts tl?e title to said land and u~ill de(end the same against the IawJul claims o~ all persons whomsoever; and that said land is (ree and c~ear oj alI encumbmnces ~rouided ~lways~ fhnl i~ saicr mortgagor s{~a~~ puy unto said mortgagee the certnin promis- sory nofe ~iereinajfPr suhsfanlia~~y copiec~ or icrenti~ied, to-wit: I _ _ ---y $ 7, 500 . 00 Fort Pierce, Florida i5s1~~ 19 ; FOR VALUE BECEIVED. the undersigtted, 3ointly and aeverally. promiee to pay to the order of ~ ; THE FLORIDA BANK AT FORT PIERCE : Seven Thousand Five Hundred and 00/100ths------------------------ , ~ DOLLAR3, ; at Fort Pierce, Florida or such other place as ~ the holder hereof may designate in writing. together with interest from date at the rate of 8~ ner centum per annum, on the unpaid balance until maturitq. The said principal and interest ahall be due and payable as follows : , 592.99 on the 15th day of June , 1970, and a like sum on the correspondinq a~y of each li'~ce succeed g month until 59 monthly payments are made, and on the 1 th day of Ma , 19 75 , which is the date , that the 60th monthly payment sha~e~ue, ~full amount of principal ' and interest shall be paid. Each instalment first shall be applied in ~ ; f payment of the interea~ and then on the balance of the principal sum. ; ; ~ . ~ • ~ ~ ~ ~ ' ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ # ~ , ~ ? ~ ~ ~ ~ ;y f C ~ } z< i ~ • c If default be made for l~ days in the payment of any inatallment of principal or interest or ~ ~ any part thereof, the whole sum then remaining unpaid with interest shall at holder's option become ~ F due and payable without notice. Failure to exercise such option shall not conatitute a waiver of the ~ ~ right to exercise the same in the event of aubaequent default. After maturity both principal and accur- ~ ~ ed interest ahall bear interest at per centum per annum until paid. The makera and endorsera .3 ~ of this note further waive demand, notice of non-payment and protesk If thia note ia not paid at matur- _ ~ ity and the same is placed with an attorney tor collection, the makers and endoraera hereof agree to pay ~ ~ all coats of collection, including all court costa and reasonable attorney feee. ~ ~ ~ ~p t~ ~ 0 R~$4 Carl J. Fowler (~AL) ~ ~ 800K ~ (SEAL~ ~ (SEAL) Marqaret M. Fawler ' e: ~ _ (,_FAI:? , . . ~ _ - - . - - _ . 7~ ~